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500k Sinopharm doses + raw materials to manufacture Sinovac land in Egypt
State-owned Vacsera can now begin manufacturing China’s Sinovac vaccine after the first batch of raw materials used to produce the…
We’re getting serious about conserving water as GERD’s 2nd filling looms
The government will apply tighter water-saving measures to mitigate the impact of the second filling of the Grand Ethiopian Renaissance…
NBE partners with UAE’s LuLu on remittance transfer service
Egypt was one of the top five remittance destinations in 2020
New civil servants minimum wage gets nod from cabinet, still no word on private sector floor
Cabinet greenlit bringing the minimum wage increase to EGP 2.4k from EGP 2k for civil servants into effect at the…
With Egypt as a superstar, global interest in frontier market debt is on the rise
Global interest in frontier market debt is rising as investors search for higher-yielding assets, the Financial Times reports. Craig McLeod,…
Egypt’s GDP is on track to grow 4.2% in 2021 –RenCap
Renaissance Capital revised upwards its projections for Egypt’s GDP growth to 4.2% in 2021, driven by growth in transport, tourism,…
Sudan gets USD 30 bn worth of pledges to cover bilateral, IMF debts
Sudan just got a USD 30 bn lifeline in the form of debt cancellation and funding pledges from IMF members…
If history is anything to go by …
The post-pandemic era is likely to see low interest rates and muted bottom line, leaving owners of capital with smaller…
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